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Daniel Howes The Detroit News Published 11:20 PM EST Jan 24, 2019 Forgive the folks running Ford Motor Co. if they feel a little like Rodney Dangerfield. He’s the ol' comic who constantly complained that he “got no respect,” a familiar lament in Dearborn as the Blue Oval’s long-in-coming restructuring continues to cloud investor sentiment and raise as many questions as it answers. There’s a reason for that: Ford is following its cross-town rivals. Fiat Chrysler Automobiles NV’s legendary CEO, the late Sergio Marchionne, exited the U.S. car business three years ago, long before the market’s trend toward trucks and SUVs was undeniable. He was ahead of his time, which is why Detroit's No. 3 automaker is planning to add manufacturing capacity and jobs this year, not cut both. And General Motors Co.’s Mary Barra is reckoning with her excess North American plant capacity the only way she can right now. She's moving to drop … [Read more...] about Ford folks play catch-up in bid for respect, higher share price

LONDON (Reuters) - European stocks fell on Tuesday, with banks weighing heavily on worries about slowing economic growth, fading earnings momentum, Italy’s budget, and a lower likelihood of rate hikes in Europe next year. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 19, 2018. REUTERS/Staff The pan-European STOXX 600 index fell 1.1 percent to its lowest level in more than three weeks, with Germany's DAX .GDAXI down 1.2 percent and Britain's FTSE 100 .FTSE down 0.8 percent. Though European stocks have substantially lagged the United States this year and valuations have fallen, investors said it was too early for the region to be an attractive value play. “It would have to be table-thumpingly cheap to make valuations themselves offset people’s scepticism about Europe’s ability to grow,” said Kevin Gardiner, global investment strategist at Rothschild & Co Wealth … [Read more...] about Sliding banks, tumbling tech drag Europe stocks to three-week low

* STOXX down 0.7 pct, DAX down 1.2 pct * Tech stocks tumble * Banks set for worst fall in 5 weeks * Julius Baer drops 5.4 pct after results (Updates prices, adds details, quotes, graphic) By Helen Reid LONDON, Nov 20 (Reuters) - European stocks fell on Tuesday, with banks weighing heavily on worries about slowing economic growth, fading earnings momentum, Italy’s budget, and a lower likelihood of rate hikes in Europe next year. The pan-European STOXX 600 fell 0.7 percent by 0945 GMT, to a three-week low, with Germany’s DAX down 1.2 percent and Britain’s FTSE 100 down 0.5 percent. Though European stocks have substantially lagged the U.S. this year and valuations have fallen, investors said it was too early for the region to be an attractive value play. “It would have to be table-thumpingly cheap to make valuations themselves offset people’s scepticism about Europe’s ability to grow,” said Kevin Gardiner, global investment strategist at … [Read more...] about UPDATE 1-Sliding banks, tumbling tech drag European stocks to…

LONDON (Reuters) - European stocks fell on Tuesday, with banks weighing heavily on worries about slowing economic growth, fading earnings momentum, Italy’s budget, and a lower likelihood of rate hikes in Europe next year. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 19, 2018. REUTERS/Staff The pan-European STOXX 600 fell 0.7 percent by 0945 GMT, to a three-week low, with Germany's DAX .GDAXI down 1.2 percent and Britain's FTSE 100 .FTSE down 0.5 percent. Though European stocks have substantially lagged the U.S. this year and valuations have fallen, investors said it was too early for the region to be an attractive value play. “It would have to be table-thumpingly cheap to make valuations themselves offset people’s scepticism about Europe’s ability to grow,” said Kevin Gardiner, global investment strategist at Rothschild & Co Wealth Management. Europe’s bank … [Read more...] about Sliding banks, tumbling tech drag European stocks to three-week low